AB Core Plus Bond ETF (NASDAQ:CPLS) Sees Large Drop in Short Interest

AB Core Plus Bond ETF (NASDAQ:CPLS) saw a large drop in short interest in April. As of April 30th, there was short interest totaling 1,064 shares, a drop of 90.7% from the April 15th total of 11,428 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 11,399 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On AB Core Plus Bond ETF

Hedge funds have recently bought and sold shares of the company. Global Retirement Partners LLC lifted its stake in AB Core Plus Bond ETF by 274.3% in the 3rd quarter. Global Retirement Partners LLC now owns 992 shares of the company’s stock valued at $36,000 after purchasing an additional 727 shares during the last quarter. Cresta Advisors Ltd. acquired a new stake in AB Core Plus Bond ETF in the 4th quarter valued at about $153,000. Raymond James Financial Inc. lifted its stake in AB Core Plus Bond ETF by 18.4% in the 3rd quarter. Raymond James Financial Inc. now owns 8,242 shares of the company’s stock valued at $296,000 after purchasing an additional 1,281 shares during the last quarter. Goldman Sachs Group Inc. acquired a new stake in AB Core Plus Bond ETF in the 1st quarter valued at about $1,073,000. Finally, Osaic Holdings Inc. lifted its stake in AB Core Plus Bond ETF by 92.8% in the 4th quarter. Osaic Holdings Inc. now owns 32,815 shares of the company’s stock valued at $1,166,000 after purchasing an additional 15,794 shares during the last quarter.

AB Core Plus Bond ETF Price Performance

Shares of NASDAQ CPLS traded up $0.02 during mid-day trading on Wednesday, hitting $35.12. The company had a trading volume of 3,023 shares, compared to its average volume of 24,726. The firm has a 50-day simple moving average of $35.32 and a two-hundred day simple moving average of $35.60. AB Core Plus Bond ETF has a one year low of $34.60 and a one year high of $36.29.

AB Core Plus Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were paid a $0.1293 dividend. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date was Friday, May 1st.

About AB Core Plus Bond ETF

The AB Core Plus Bond ETF (CPLS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in USD-denominated corporate and government debt securities of any maturity and credit quality. CPLS was launched on Dec 13, 2023 and is issued by AB Funds.